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Vince McMahon declines to talk about Saudi Arabia, WWE considering all-women’s show and more from investor conference call

WWE held their quarterly conference call to discuss the third quarter financial report with investors. WWE Chairman and CEO Vince McMahon hosted the call along with Co-Presidents George Barrios and Michelle Wilson. Michael Weitz kicked things off before turning things over to Vince.

– McMahon spoke about the increasing content and engagement from the audience. He mentioned Smackdown celebrating 1,000 episodes and touted the Mae Young Classic, Mixed Match Challenge and the Miz & Miz reality show.

– Wilson says WWE Evolution will take place in front of a sold out crowd.

– A caller asked McMahon about Crown Jewel. McMahon said there would not be much talk about it because of the sensitive subject. McMahon could have read the statement that was included in their financial report but he did not.

– McMahon talked about live events being a barometer of their business but they know what is wrong with the live events (ie. declining ticket sales) and called the live events “antiquated” but WWE is going to be working on something to turn them around.

– WWE’s long-term goal is to have Performance Centers all over the world in major markets. There is no timeline for that to happen.

– They are working on projects to “reimagine” their business.

– They expanded season 2 of Mixed Match Challenge because they learned that the episodes in the first season were not long enough for the engagement they wanted.

– In response to advertisers being down this quarter, McMahon said they have added new partners like Hyundai as part of their September community outreach campaign against pediatric cancer. They touted Riot Games and Coca-Cola as new partners.

– In regards to the tier structure for the WWE Network, Barrios joked that they are getting a little closer to that. They are working on reimagining live events and the production of Raw and Smackdown.

– They were asked about how many events are scheduled for Saudi Arabia in 2019 but Barrios said they will touch on that more in the next quarter.

– A caller asked about the potential for a one-hour women’s show on the WWE Network. Wilson said it has been talked. Nothing is set but it is on their road map of ideas.

Here is what Barrios said when he was asked about the risks of going to Saudi Arabia:


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